Patel Engineering and Rail Vikas Nigam Limited (RVNL) have struck an agreement to work together on hydro and infrastructure projects in India and overseas, using their respective skills and capacities.

Patel Engineering has signed a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL), establishing a strategic collaboration to jointly undertake hydro and other infrastructure projects in India and abroad. This alliance aims to leverage both organisation’s strengths and capacities to pursue opportunities in the hydro and infrastructure industries.

Under the terms of the MoU, Patel Engineering and RVNL will investigate various avenues for collaboration, with the option to compete in tenders and project bids jointly or independently. When bidding together, the two businesses will agree on the bidding strategy, structure, and terms to ensure a consistent approach to project execution.

The MoU aims to provide a framework for achieving synergies in the hydro and infrastructure sectors, as well as to demonstrate a common commitment to project quality. This collaboration between the commercial and public sectors promotes infrastructure development in India and worldwide. Patel Engineering remains committed to identifying and seizing opportunities that match with its strategic goals, thereby contributing to long-term infrastructure growth.

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